Bond advises ASN Bank on the financing of the rollout of EV charging infrastructure by Opcharge

Opcharge, the Dutch supplier of charging solutions for the public and semi-public sector, has secured an investment of EUR 32 million. With this capital injection from three Dutch investors (the major shareholder Ramphastos Investments, ASN Bank and a number of investment vehicles managed by Aegon Asset Management), the company will be able to expand its network of charging stations at home and abroad at an accelerated pace. Between all investments that have been made in Dutch charging station operators, this one is the largest ever.

ASN Bank is the largest sustainable bank in the Netherlands with a focus on the financing of sustainable energy projects and projects which are closely related to the energy transition.

Bond has drafted the finance documents for ASN Bank and advised the bank on all legal aspects of the financing.

Other advisors involved were Stek (counsel to Opcharge), IBS Capital Allies (Corporate finance advisor for Opcharge) and Nauta Dutilh (counsel to Aegon).

For more information on this transaction, please see: (only in Dutch); and (only in Dutch); and (only in Dutch)